Principal U.S. Mega-Cap ETF (NASDAQ:USMC) to Issue Quarterly Dividend of $0.13

Principal U.S. Mega-Cap ETF (NASDAQ:USMC) announced a quarterly dividend on Tuesday, April 1st, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 1st will be given a dividend of 0.1323 per share on Thursday, April 3rd. This represents a $0.53 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date of this dividend is Tuesday, April 1st.

Principal U.S. Mega-Cap ETF Trading Up 0.3 %

NASDAQ USMC opened at $56.94 on Wednesday. The stock has a fifty day simple moving average of $59.99 and a 200-day simple moving average of $59.27. The stock has a market cap of $2.50 billion, a PE ratio of 26.08 and a beta of 0.93. Principal U.S. Mega-Cap ETF has a twelve month low of $48.52 and a twelve month high of $63.13.

About Principal U.S. Mega-Cap ETF

The Principal U.S. Mega-Cap ETF (USMC) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to offer exposure to the largest of the US large-cap segment. The fund uses a proprietary, quantitative model to construct the portfolio. USMC was launched on Oct 12, 2017 and is managed by Principal.